Initial price	£60,000
20/02/25	£55,000
Price Change	-8.33%

This is a tenanted investment property located on Lancaster Hill in Peterlee, sold via online auction. The property is a two-bedroom mid-terrace house that generates £525 per month in rental income, resulting in a 9.7% rental yield. The property and tenant are fully managed by Pattinson, and there are no rent arrears. The property features an entrance hall, lounge, kitchen, bathroom, and two double bedrooms, as well as an enclosed rear courtyard and playing fields to the front. The property is sold with all certificates in place, and the council tax band is A. The property is being sold freehold, and interested parties should contact Pattinson estate agents for further information.